Chapter 333: An Opportunity to Get a Cinema

Duan Xiaochen's family is in Shuzhong.

Regarding the specific situation of her family, Du Caige did not know much. Because she never mentions her family.

But there are a few clues that allow him to have a rough guess.

First of all, Duan Xiaochen dropped out of high school before graduating, and came to the magic capital to work alone, selling alcohol in bars for a living.

At a young age, he tasted the warmth and coldness of the world and suffered a lot.

A girl in this profession, those who understand it naturally understand.

After a long time, I often can't help myself.

If Duan Xiaochen hadn't met him, I really didn't know what would have happened to her.

Maybe one day someone will pick up the body.

Maybe even fall into the dust.

In their industry, there are not too many girls who have fallen into the dust.

From this, it can be judged that Duan Xiaochen's family is either very poor and can't help her at all.

Either that, or she's falling out with her family.

And a few other clues allowed Du Caige to confirm his judgment.

Duan Xiaochen rarely goes home.

I don't have any contact with my family.

In front of the media, she never talks about her family.

If her family is just very poor, why is that?

Duan Xiaochen is not a girl who hates the poor and loves the rich.

If her family is poor, she will definitely spare no effort to support her family.

And not as it is now, almost ignoring it.

So Du Caige is basically certain that Duan Xiaochen has a bad relationship with her family.

At this time, seeing that Duan Xiaochen was excited, Du Caige didn't want to ask much, and changed the topic: "Is that news true?"

"It's been determined. ”

Du Caige asked, "Have you exchanged opinions with a few of them?"

He was referring to several senior executives of the company, as well as another executive director, Chu Jixiang.

"I spoke separately from them. At present, everyone has not agreed on the same opinion, so we have to hold a meeting to discuss it. ”

"What do you think?"

Duan Xiaochen was obviously in a bad mood, and said faintly: "Do you have to talk to me about this now? We haven't seen each other for so long, can't we say something happy?"

Du Caige said apologetically: "I'm too concerned about this. If you don't want to talk about it, forget it, let's talk about something else. ”

Duan Xiaochen cheered up and casually talked with Du Caige, and soon his mood became cheerful again.

When they arrived at Haikuo Building, after parking the car, the two took the elevator upstairs with a smile and a smile.

Just arrived at the floor where the company's large conference room was located, and as soon as the elevator door opened, I saw Chu Jixiang standing at the elevator entrance.

He smiled slightly, and said gently: "Morning two." ”

Du Caige walked out of the elevator and glanced at him: "Chu Dong, are you waiting for us here?"

Chu Jixiang nodded: "I want to communicate with the two of you in advance." ”

Du Caige and Duan Xiaochen glanced at each other and nodded: "Okay." ”

Chu Jixiang smiled and made a gesture, motioning for the two to follow him.

When he came to his office, he poured pure water for the two of them and said straight to the point: "The most important topic of today's meeting is about the theater chain 'Starlight Cinema'. I want to agree with the two of you in advance not to vote. ”

Du Caige's eyes froze: "Why?"

The "why" that Du Caige asked at this time was not to ask "why did you agree in advance", but to ask the other party: Why don't you vote for "Starlight Cinema"?

He was well aware of why the three executive directors had agreed in advance.

Because regarding the company's operations, including investment intentions, several CXOs of the company also have voting rights.

CXOs aren't marionettes.

This is also the rule that Duan Xiaochen and Du Caige formulated at the beginning of the company's establishment in order to prevent themselves from making wrong decisions and causing the company to suffer heavy losses.

They don't want the company to be their word for it.

Therefore, if several executive directors are determined to implement a certain plan, the three executive directors must first reach an agreement.

Chu Jixiang leaned on the desk and sat down a little, and he said calmly: "I am not optimistic about this investment. ”

Du Caige frowned, "I don't know the specific situation yet, can you explain it to me in detail?"

Chu Jixiang raised his wrist and looked at his watch, "Okay, I'll make a long story short." The cinema chain of 'Starlight Cinema' belongs to the 'Starlight Film and Television Entertainment Company'. At present, there are 76 'Starlight Cinemas' in cities across the country, with a total of 383 screens. ”

"At present, we have a total of 2,144 theaters in the country, with a total of 7,335 screens. ”

"Starlight Cinema occupies 5.2% of the country's total screen count and is a small-scale cinema chain. Of course, they have a large number of theaters in each theater. The average number of screens in each theater is more than 5. ”

"The construction of 'Starlight Cinema' was relatively early, and most of their theaters are currently aging in terms of playback equipment and infrastructure, and they are in urgent need of upgrading. According to the audit in the first half of this year, the total value of the 76 theaters in the 'Starlight Cinema' is about 568 million yuan. This is a comprehensive valuation that takes into account the equipment, decoration, and the location of the theater. This value is on the high side, because there are some theaters where the merchants are bought by the company. ”

"According to the data released by 'Starlight Film and Television Entertainment Company', their company currently has a debt of 120 million, and their profit last year was 31 million, which can be said to be a good benefit. ”

At present, there are three major shareholders of this company, of which the largest shareholder is Tianyi Entertainment, accounting for 37% of the shares. The second largest shareholder is Oriental Entertainment, with 24% of the shares. ”

"Oriental Entertainment?"

"Oriental Entertainment is a company jointly funded and registered by Dragon TV and several companies, and its main business is investment, variety show production, film and television production, etc. Chu Jixiang explained.

After reporting this information, Chu Jixiang and Du Caige looked at each other, "The above is some basic information about 'Starlight Cinema'. ”

Du Caige nodded: "Thank you for informing." So why aren't you bullish on this investment?"

Chu Jixiang smiled kindly: "Listen to my explanation." On the one hand, it is Tianyi Entertainment and Oriental Entertainment that are ready to sell shares this time, but their asking price is relatively high, 61% of the shares are asking for 400 million, and they also require the company or individual who acquires this part of the shares to bear all the debts of 120 million yuan of 'Starlight'. According to the valuation in the first half of the year, the actual value of these 61% shares is about 350 million. ”

"Of course, because the cinema chain is very important to the development of our company, and the film market is generally optimistic now. So if it's just a little premium, even if I bear the debt of 120 million again, I won't object so strongly, because this investment is still cost-effective. ”

"The point is, as far as I know, the equipment and facilities of Starlight Cinema are seriously aging, and a lot of money needs to be invested in renovation and equipment renewal in the near future. It's a sinkhole. ”

After speaking, his gaze went back and forth between Du Caige and Duan Xiaochen, "So, can you two reach an agreement with me?

Du Caige groaned.

Duan Xiaochen shook his head and said, "Don't look at me, I only listen to my brother." ”

Smiled sweetly as he spoke, and the two small dimples were filled with honey.

Du Caige thought for a while, looked up and said, "I need to think about it quietly alone." ”

Chu Jixiang smiled gently, got up and said to Duan Xiaochen: "During the National Day, they built a leisure and entertainment room on this floor, you haven't been to see it." ”

Duan Xiaochen glanced at him with disgust, and said weakly, "Well, I haven't seen it yet." Let's take a look. ”

The two left the office, Du Caige took out his mobile phone and dialed Yan Yingzhen's number.

Yan Yingzhen quickly answered.

Her voice sounded quite pleasant, and after Du Caige exchanged a few words with her about Cai Wei, she asked, "Do you know about 'Starlight Cinema'?"

"Chu Jixiang reported to me, I knew about it, but I didn't know it in detail. ”

Du Caige was stunned for a moment: "I thought you asked him to persuade me not to invest in Starlight Cinema." ”

"I asked him to persuade you, yes. ”

"Why?" Du Caige was puzzled, "Since you haven't learned more about it, why do you think you shouldn't invest?"

"Because in this matter, it is obvious that there is Tianyi Entertainment and the shadow of Shen Jinsong. I think he's digging a hole for you. ”

Du Caige was silent for a while and asked, "Do you have any evidence?" Or rather, what data did you analyze to come to this conclusion? ”

Yan Yingzhen's voice was full of unhappiness: "No, there is no need for evidence, he has not dealt with you once or twice, and I am not surprised if there is one more time." ”

"But the problem is," Du Caige carefully worded, "Dream Entertainment needs a theater chain, and with a theater chain, many of our plans can be accelerated." This opportunity, it's like a sleepy one, someone will send a pillow. ”

"I admit that there may be a pit dug by Shen Jinsong behind this, but this is a conspiracy, knowing that there is a pit, I have to eat the bait first. Otherwise, we don't know what year and month we can have our own theater. ”

Yan Yingzhen said loudly: "You can't wait, you want a theater, I will build a theater for you in a few years!"

"Opportunity waits for no one. ”

Yan Yingzhen gasped heavily, as if she was very angry. After a while, he said coldly: "Whatever you want, your own company, you can toss as much as you want." I don't care about you anymore. ”

"I just didn't want to miss an opportunity. Of course, whether to invest or not, I will still be cautious, depending on whether the data they provide is true. And then we have to talk about the price side as well. ”

Yan Yingzhen said impatiently: "Don't tell me this, I don't have this idle effort." ”

Hanging up the phone, Du Caige continued to think.

He is not a fool, if there is a problem with this theater chain, he will definitely not agree to invest.

On the contrary, if there is no problem with the theater chain, then it is cost-effective to start at this price, even if you have to take out a loan to renovate and update the equipment later.

In two years, when the funds are abundant, it will not be a good idea to replace the projection equipment and screens with IMAX.

It's just that...... The company has limited liquidity.

If you invest in theaters now, then you will have to drink gruel in the next year, and some projects that require a large amount of investment will not be launched.

But with his and Duan Xiaochen's ability to attract money, he is at full power, coupled with the profitability of the theater chain, he will definitely be able to help the company make enough money to start a big production in a year or two.